Payments Risk Manager

Aldermore Bank PLC; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading bank in London seeks a Payment Risk Manager to oversee risk related to payment processes. The role involves compliance with regulations, fraud prevention, and leading a team to enhance risk effectiveness. Ideal candidates will have strong knowledge of payment schemes and extensive experience in risk management.

Benefits

Discretionary Bonus

Aviva Digital GP

Transport Benefits

Employee Assistance Programme

Eyecare Vouchers

Flu Vaccination Vouchers

Income Protection

Life Assurance

Travel Passes

Discounts on Microsoft Products

Qualifications

• Strong knowledge of UK and international payment schemes and regulations.
• Extensive experience in payment risk management, fraud prevention, or financial crime.

Responsibilities

• Manage payment risk initiatives and support the Payment Risk Change Forum.
• Collaborate with Payments, Risk, and Group teams for effective delivery.

Skills

Attention to Detail

Problem Solving

Communication

Interpersonal Skills

Leadership

Tools

Data Analytics

Risk Assessment Tools

Job description

The Vacancy

Aldermore Group - why we exist

Let us tell you a bit about us

We're Aldermore - the award-winning bank, trusted and highly rated by over a quarter of a million customers for more than a decade. With our range of specialist mortgages, savings accounts and business finance solutions, we're backing more people to go for it.

We thrive by saying "yes" to our customers. We respect the ingenuity of entrepreneurs and their startups; we give first-timers a leg-up onto the property ladder; we open up the lending market to many; and thousands of customers choose Motonovo Finance every week to buy their next car, van or motorbike.

This is where you come in. We are on a journey. A journey defined by a destination; to deliver on our purpose.

Let us tell you a bit about the opportunity

As the Payment Risk Manager, you will oversee the identification, assessment, and mitigation of risks related to payment processes across the bank. Your role ensures compliance with regulatory requirements and internal risk frameworks, while implementing fraud prevention measures. You will lead a team, develop risk strategies, and collaborate with stakeholders to maintain the security of payment systems.

To act as an ambassador of the Bank's vision

to "Back more people to go for it in life and in business."

What will your day look like?

This is a second line role reporting to the Head of Payments. Your responsibilities include:

• Managing payment risk initiatives such as Target Operating Model, risk reporting, process improvements, and business planning.
• Supporting the Payment Risk Change Forum.
• Collaborating with Payments, Risk, and Group teams for effective delivery.
• Developing stakeholder messaging for ERC, BRC, Risk SLT.
• Engaging with third-party experts to stay updated on industry risk management practices.
• Proposing strategies to enhance risk effectiveness and efficiency.
• Supporting colleagues across various activities.

What do we expect from you?

• Strong knowledge of UK and international payment schemes and regulations.
• High attention to detail and proactive problem-solving skills.
• Excellent communication and interpersonal skills, with a customer-first approach.
• Experience with payment processing systems and digital banking platforms.
• Extensive experience in payment risk management, fraud prevention, or financial crime.
• Knowledge of UK banking regulations including FCA, PSD2, AML.
• Experience managing risk frameworks for payment systems like CHAPS, Bacs, Faster Payments, SWIFT, Open Banking.
• Proficiency in data analytics and risk assessment tools.
• Leadership and stakeholder management skills.
• Ability to work under pressure and adapt to evolving threats.

What can you expect from us?

• A friendly, flexible culture.
• Opportunities for growth and progression.
• Commitment to continuous improvement.
• Competitive salary, benefits, and bonus potential.

Still curious?

Join us, and we'll uphold our promises of respect, diversity, and compassion. We welcome applicants regardless of age, disability, gender identity, marital status, race, faith, sexual orientation, socioeconomic background, or family status.

Please note: We conduct thorough reference checks, including criminal record checks.

The Company

We support financial inclusion by providing access to finance for those who need it, helping people save, build businesses, buy property, and move goods and families.

Behaviour Framework

Our behavioural framework guides us in demonstrating the behaviours needed for success, aligned with our strategic drivers. Examples of these behaviours will be discussed in your second interview.

The Benefits

We offer a competitive salary and benefits, along with investment in your professional development. Benefits include:

• Discretionary bonus
• Aviva Digital GP
• Transport benefits
• Employee Assistance Programme
• Eyecare vouchers
• Flu vaccination vouchers
• Income protection and life assurance
• Travel passes
• Discounts on Microsoft products and private medical insurance

Additional benefits you can choose include: critical illness cover, cycle to work scheme, dental insurance, childcare schemes, electric vehicle schemes, and wellbeing programs.